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ACCT301 Week 4 Homework – Problem # 11-28 on page 431 – Perfect Solution – Instant Delivery
Problem Statement
Problem # 11-28 on page 431 using Excel. Formulas are required.
Problem 11-28 Determining the break-even point and preparing a contribution margin income statement
Lucent Manufacturing Company makes a product that it sells for $75 per unit. The company incurs variable manufacturing costs of $30 per unit. Variable selling expenses are $9 per unit, annual fixed manufacturing costs are $240,000, and fixed selling and administrative costs are $165,000 per year.
Required
Determine the break-even point in units and dollars using each of the following approaches:
a. Equation method.
b. Contribution margin per unit.
c. Confirm your results by preparing a contribution margin income statement for the break-even sales volume.
CHECK FIGURE
a. 11,250 units
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* You can also use 2CO option if you want to purchase through Credit Cards/Paypal but make sure you put the correct billing information otherwise you wont be able to receive any download link.
* Your paypal has to be pre-loaded in order to complete the purchase or otherwise please discuss it with us at [email protected].
* As soon as the payment is received, download link of the solution will automatically be sent to the address used in selected payment method.
* Please check your junk mails as the download link email might go there and please be patient for the download link email. Sometimes, due to server congestion, you may receive download link with a delay.
* All the contents are compressed in one zip folder.
* In case if you get stuck at any point during the payment process, please immediately contact us at [email protected] and we will fix it with you.
* We try our best to reach back to you on immediate basis. However, please wait for atleast 8 hours for a response from our side. Afterall, we are humans.
* Comments/Feedbacks are truely welcomed and there might be some incentives for you for the next lab/quiz/assignment.
* In case of any query, please donot hesitate to contact us at [email protected].
* MOST IMPORTANT Please use the tutorials as a guide and they need NOT to be used for any submission. Just take help from the material.
******************************************** Good Luck ***************************************************
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